Substantial flows of investment into renewables has brought about significant reductions in the cost of delivered energy, while simultaneously increasing the penetration of renewables in most markets. These developments herald the rise of Renewables 2.0, a...
Our view on the latest developments in wind.
As the deployment of renewable energy continues to expand around the world driven by various inputs such as capital allocation and investment, falling capital costs, competitive LCOE and various policy mechanisms, we are now moving towards a new era for renewable...
Apricum Partner Florian Mayr wrote an article titled Strong Tailwinds Ahead – The Case for Wind Plus Energy Storage for the Energy Storage World Forum news blog, which was published in January 2018. Read the article here.
When people think about combining energy storage with renewable energy, they typically think of adding batteries to PV systems, be it roof-top panels on a home in Germany or multi‑GW utility‑scale installations in the deserts of the MENA region. However, we are...
Saudi Arabia Unleashes Renewable Energy Procurement with Tenders for 300 MW Solar and 400 MW Wind Projects
On February 20, 2017, Saudi Arabia released requests for qualification (RFQ) for a 300 MW solar photovoltaic and a 400 MW wind project on an IPP basis. Applicants are invited to provide their credentials by March 20, 2017. The request for proposals (RFP) was announced...
Potentially Game-Changing Saudi Arabian Government Restructuring Bolsters 9.5 GW Renewable Energy Target by 2023
Deputy crown prince Mohammed bin Salman of Saudi Arabia announced first cornerstones for the deployment of renewable energy in the country on April 25, 2016, followed by a comprehensive restructuring of responsible government bodies. The “Saudi Arabia Vision 2030” paper states an initial target of 9.5 gigawatts (GW) of renewable energy by 2023, translating to annual installations of 1.6 GW.
New kid on the renewables block: Egypt on the way to realizing its outstanding solar and wind resources
A renewable energy market briefing released today by Apricum – The Cleantech Advisory outlines Egypt’s ambitious push to install solar and wind power against a backdrop of dire economic and energy-related challenges.
While Saudi Arabian company ACWA Power has been making headlines recently for its record-breaking solar bids in Dubai, there are still many Saudi companies considering how best to enter the renewable energy market.
We speak to Apricum Senior Advisor Per Hornung Pedersen, former CEO of Repower and Suzlon, about the global onshore wind market and where he sees growth opportunities for wind project developers.
Many regions in the world today cannot be sufficiently supplied by large, central power plants and therefore depend on distributed power generation. For many years, this market has been mainly served by fossil fuel-powered gensets.
With negligible fossil energy reserves, Jordan is heavily dependent on foreign energy imports. Solar and wind power generation is well-placed to support Jordan’s goals to increase energy independence and reduced energy spending.
The Gulf region is not only home to some of the world’s leaders in oil and gas production, it is also a powerhouse of renewable energy potential. Many of the GCC member countries are perhaps best known for their immense oil and gas reserves, however, they also offer excellent solar resources, and in many cases strong wind resources.